Wealth management firm Marmora-based Reich Asset Management has pledged $25,000 to Rowan University to create the Reich Asset Management Annual Scholarship Fund. Housed within the William G. Rohrer College of Business, the scholarship will support students pursuing a major or minor in financial planning.
The funding commitment arrives as Rowan University expands its newly established School of Financial Planning, a initiative developed in partnership with and powered by Edelman Financial Engines following a $10 million foundational gift.
Key program & scholarship details
The scholarship aims to reduce financial barriers for students pursuing careers in wealth management, estate planning, taxation, and personal finance:
- Donor Firm: Reich Asset Management
- Pledge Amount: $25,000
- Target Beneficiaries: Students majoring or minoring in financial planning at the Rohrer College of Business
- Institutional Context: Supports the newly launched Rowan University School of Financial Planning, led by founding head Ric Edelman
Industry collaboration and human impact
The initiative reflects growing corporate involvement regional financial advisory firms seeking to mentor and develop the next generation of fiduciary financial planners.
“Financial planning is ultimately about people—their goals, their families, and the futures they want to build,” T. Eric Reich, President and Founder of Reich Asset Management, said. “Supporting Rowan’s financial planning students is an investment in the next generation of professionals who will make a difference in the lives of the people and communities they serve.”
Matt Sarkees, Dean of the Rohrer College of Business, emphasized the importance of industry alignment: “Partnerships with firms like Reich Asset Management help us strengthen that foundation by bringing industry perspectives into our work and expanding the resources available to students.”
“Good financial planning can change the course of a family’s life,” added Ric Edelman, founding head of the School of Financial Planning. “It can help parents save for their children’s education, give people greater confidence as they approach retirement, and help families navigate uncertainty. Reich Asset Management’s generosity helps students pursue the education that will prepare them to make that kind of difference.”
